Answer: D
Explanation:
Behavioral economics studies the impact of cognitive, psychological, cultural, emotional and social factors on individuals economic decisions. Behavioral economics is concerned with the extent of rationality of individuals, firms and governments. The study includes how market choices are made and the components that propel public choices.
Behavioral economics is important because it gives us an idea about how the mind of humans work. The greater the supply of a particular good, the more we use the good, the less we appreciate it. There are oceans of water and we always get water easily but there are fewer diamonds embedded and hidden in rocks which are not cheap and readily available.
Answer:
$36,000
Explanation:
The computation of the lggie's salary is shown below:
= (Iggie salary in 1974) × (2003 price index ÷ 1974 price index)
= ($10,000) × (180 ÷ 50)
= $10,000 × 3.6
= $36,000
Since we have to compute the 2003 salary based on 1974 salary so we consider the 1974 salary and took the 2003 price index as a numerator and 1974 price index as a denominator.
The correct option is (A) Budget deficit.
A budget deficit is created each time the federal government spends more than it collects in taxes in a given year.
<h3>
What is budget deficit?</h3>
- A budget deficit is created when expenditure exceeds income, therefore it can be a positive indicator for a country's finances.
- The government often refers to spending as a "budget deficit" rather than income from businesses or individuals. Accumulated deficits are the basis of the national debt.
- The two main causes of budget deficits are excessive government expenditure and a lack of sufficient revenue.
- Tax reductions can result in a reduction in tax revenue, which can cause a budget deficit, or they might raise government expenditure above and above what it already receives in tax revenue.
- Consider a simple example where the government earns $10 billion in revenue one year but spends $12 billion, resulting in a $2 billion deficit.
Learn more about the budget deficit with the help of the given link:
brainly.com/question/10876388
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Answer:i say E
Explanation:
Because no matter what you would still have to attend the jury trial
